GENEVA, Jun 05 (IPS) – Yilmaz Akyüz is chief economist, South Centre, Geneva and former Director of the Division on Globalization and Development Strategies, UNCTAD, GenevaIt is now more than a decade and a half since the last severe currency crisis in a major emerging economy ? that was in Argentina in 2001-2002 following a series of crises in Russia,…

Australia is racing to save the Great Barrier Reef. Scientists estimate 50% of the coral on this natural wonder of the world was killed over the last two years by marine heat waves caused by climate change. Scientists are now testing new techniques ranging from breeding heat resistant coral to developing sun shields and even piloting a robot submersible called…

Saudi Arabia’s state airline will suspend all flights to and from Toronto starting next week, amid a intensifying diplomatic row between the two countries following Canada’s refusal to back down from comments in defense of human rights inside the Kingdom.